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P.

88

2018 Pillar 3 Disclosures

Annex

distribution of revenue, the assessment of risks

which could prevent the achievement of strategic

objectives, and the volatility of the income

statement.

It is also responsible for adopting any mitigation

measures which might be required, and for

identifying those elements and scenarios which could

jeopardise the achievement of the specific objectives

of each business line.

The Board, with the support of the Risk Committee,

receives information on compliance with of the

Strategic Plan, as a cornerstone of establishing the

focus of the bank’s business and the objectives for

each of the business lines.

The monitoring performed is focused on early

identification of any potential impairment which

could result from changes in the competitive

environment, and which jeopardises profit and

requires a review of the bank’s strategy. Perception

of the brand and the quality of services provided is

also assessed, to the extent that these could affect

customer decisions.

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